Nifty intraday levels for today 21 June 2011

Nifty was on strong bear trend yesterday and closed at 5257 hope every one remember our caution.Today the first resistance for nifty is at 5279-83 level.Next resistance is at 5308-12 level.Next resistance is at 5328-32 level.Next resistance is at 5357-61 level.Next resistance is at 5389-94 level.Next resistance is at 5420-23 level.Next resistance is at 5437-42 level.Next resistance is at 5477-80 level.Next resistance is at 5516-21 level.Next resistance is at 5556-61 level.Next resistance is at 5606-10 level. On downside first support is at 5232-28 level. Next support is at 5208-04 level.Next support is at 5177-75 level.Next support is at 5157-54 level.Next support is at 5075-72 level.Next support is at 5039-35 level.Nifty has now in bear region so be very alert. So today unless nifty is above 5312 no intraday long and positionally no long until a close above 5450.Below 5175 more selling will happen.

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Nifty Prediction and tips for tomorrow 15 June

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Equities ended a lackluster session on a positive note as the market discounted higher than expected inflation. WPI May inflation rose to 9.06 per cent against 8.66 per cent in April. National Stock Exchange's Nifty ended at 5500.50, up 17.70 points or 0.32 % per cent. The broader index touched a high of 5520.15 and low of 5484.20 intraday.

The Nifty futures closed and settled finally at 5516.10 up by 17.60 points or 0.32 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5490 else above resistance level of 5545 it would be in an upward trend. 

RESISTANCE: It has first resistance close to the level of 5545 & above this level the next resistance is seen near the 5630 mark. 

SUPPORT: It has first support close to the level of 5490 & below this level the next support is seen near 5310 mark.

Nifty Trends for tomorrow 30 March 2011

Stock intraday tips for tomorrow 30 march........
Nifty Sureshot intraday tips and tricks for tomorrow market 30 march 2011.........


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NIFTY FUTURE-OPTION ANALYSIS For 16 FEB

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NIFTY FUTURE-CMP(5476.1) is currently in SIDEWAYS trend . Yesterday the trend was BULL In Feb series Nifty future shed 1.07 lakh position in Open Interest and this accounts to -0.416982191671 % of Total Open Interest in Feb series.The Nifty Feb series is trading at 4.9 Rs discount to Underlying . In derivative cumulatively for all series contract Nifty future net added 1.2 lakh position in open interest and this accounts to 0.41 % of Total Open Interest in all series and cumulatively trading in average premium of 14.43 Rs to Underlying. The open interest is also increasing with trend

NIFTY FUTURE LEVEL-Feb/16/2011

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R3	R2	R1	PIVOT	S1	S2	S3
5584.15	5535.14	5505.62	5459.2	5446.58	5417.06	5368.05

NIFTY OPTION ANALYSIS-NIFTY CALL-NIFTY PUT

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At current price strike the activity is tilted to put side and writing of put is increasing The Nifty call option is trading at discount so sentiment at higher level seems cautious Yesterday Nifty Put option has added 925.32 lakh position and Nifty call option has added 791.53 lakh position in open interest on cumulative basis Moneyflow wise Nifty Put option has added Rs 39.22 crore in value and Nifty call option has shed Rs -11.61 crore in value on cumulative basis 

NIFTY Intraday Tips for today

NIFTY Intraday Calls:-


BUY ABOVE 5693 WITH SL OF 5676 TARGET- 5721- 5749- 5767- 5795
SELL BELOW 5676 WITH SL OF 5693 TARGET- 5647- 5619- 5602- 5573


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